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Jan 15, 2013
01/13
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economy is on good footing. any messages for washington as we approach another debt ceiling increase potentially, dan akerson of gm said don't screw up the economy holding it hose -- hose hostage, do you share that? >> uncertainty has to be removed as quickly as possible. it is not a good environment for consumer confidence to be built, so we're looking for resolution on debt ceiling, resolution on spending plans so that consumers can focus on really going about their business in a normal way. >> wants to build cars, not make policy. there you go. it's a good one. i owned ford explorers for 20 straight years. this is a real competitor to that vehicle. dennis: jeff flock, good job. thanks, den. cheryl: time for the west coast minute, a double digit return for the public employees pension system. it had a 2% return back in 2012. the nation's largest pension has investments worth $252 billion, almost back to its peak level of 2007 when the fund held $260 billion in assets. the fund's performance was just below its
economy is on good footing. any messages for washington as we approach another debt ceiling increase potentially, dan akerson of gm said don't screw up the economy holding it hose -- hose hostage, do you share that? >> uncertainty has to be removed as quickly as possible. it is not a good environment for consumer confidence to be built, so we're looking for resolution on debt ceiling, resolution on spending plans so that consumers can focus on really going about their business in a normal...
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Jan 15, 2013
01/13
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FBC
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two indicators that say a lot about our economy. first off, a lot of people tapping into their 401(k)'s before retirement. billions of dollars being taken out to pay current bills. another one coming at the top of the hour, a number of working poor people growing. millions of families , but they're working at the same time. and that story new at 10 precisely. time is money, 30 seconds, here is what else we've got for you tuesday morning. president obama readying 19 on gun control. the judge will tell us about it. and lance armstrong finally admitting to doping, now he's come clean, is there any way his image can be rehabilitated. i say no way. and thanks to obamacare, the cost of your health insurance could go up as much as 50%. find out why you will be paying a whole lot more t all right, seven earlies, here we go on a tuesday morning. the circuit manufacturer, multi-fine line, less money coming in, the stock is down. retailer, goredman's never heard of them, but gordman's lowered its outlook. and radioshack ended its unprofitable
two indicators that say a lot about our economy. first off, a lot of people tapping into their 401(k)'s before retirement. billions of dollars being taken out to pay current bills. another one coming at the top of the hour, a number of working poor people growing. millions of families , but they're working at the same time. and that story new at 10 precisely. time is money, 30 seconds, here is what else we've got for you tuesday morning. president obama readying 19 on gun control. the judge...
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Jan 19, 2013
01/13
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CNBC
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it's a better economy. how do you have a president, as you talked about, that has a jobs council that only meets once? >> i know. it's xwroerd. >> come on. >> many thanks. congressman greg walden. mr. walden, you get tonight's nobel prize for limited government, spending cuts and economic growth. you get the prize. it's a great pleasure to have you back. >> thank you very much. >> we're going to ask this question. will the gop be able to effectively rebrand itself? back with us is keith boykin, former clinton white house aide, mark simone, w.o.r. radio talk show host, and matt welch, "reason" magazine editor in chief. what do you think, mark simone? first of all, is the republican brand really in bad shape? >> yeah, it's in bad shape. the democrats are in bad shape, though, because they are flying so high right now. they are apple at 700. they'd better worry. these things go in cycles. it always goes in cycles. i'll tell you the first thing the republicans should do, get out of the abortion business. just t
it's a better economy. how do you have a president, as you talked about, that has a jobs council that only meets once? >> i know. it's xwroerd. >> come on. >> many thanks. congressman greg walden. mr. walden, you get tonight's nobel prize for limited government, spending cuts and economic growth. you get the prize. it's a great pleasure to have you back. >> thank you very much. >> we're going to ask this question. will the gop be able to effectively rebrand itself?...
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Jan 17, 2013
01/13
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COM
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i check the papers in the morning to see if there's an economy. you have a different threshold of excitement than i do. if that is what gets you off. >> stephen: very open minded of you. very open minded of you. you know who lived an exciting life damn ma close. do you think demographic shifts will change our policies in. >> i do. i think texas will be an entirely political piece of geography as a result of latino vote across the border there and the way they are spreading out into other districts. and the republican -- >> stephen: but as long as the white americans maintain a majority, the republicans are safe? >> it's a smaller majority as they learned this last time around and it's also not for them a hom mog usenuos. president obama was helped by the various ethnic groups but one said they turned out a larger portion of the african-american vote this time than they did the first time he ran. and the romney people thought it would go the other way. >> stephen: i was surprised by that, too. i was surprised that four years later african-americans
i check the papers in the morning to see if there's an economy. you have a different threshold of excitement than i do. if that is what gets you off. >> stephen: very open minded of you. very open minded of you. you know who lived an exciting life damn ma close. do you think demographic shifts will change our policies in. >> i do. i think texas will be an entirely political piece of geography as a result of latino vote across the border there and the way they are spreading out into...
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Jan 14, 2013
01/13
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CNBC
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yet the economy is -- the real economy is trading somewhat off its highs. if you look at europe, for example, where the headlines have been negative. the news flow has been awful. performance has been awful as well. so the market in europe has more reflected the performance of the real economy than it has here in the u.s. the fed qe program, the safe haven of the u.s. has caused money to flow to this part of the world. i think that leaves the u.s. a little pricier and perhaps more of a risk. >> it takes courage to fight the fed, though, right? >> absolutely. but ultimately and jack said it, fundamentals do matter. i think the market will reflect those. >> i heard active management does better in down markets than the index. they do better in the up markets. >> no question about it. and if you looked at the '08 to first quarter of '09 period, many people left them, haven't come back. god forbid we have another experience like that. then you'll see the index funds have a hard time recapturing the momentum. >> you see a blend of active and passive? >> i think
yet the economy is -- the real economy is trading somewhat off its highs. if you look at europe, for example, where the headlines have been negative. the news flow has been awful. performance has been awful as well. so the market in europe has more reflected the performance of the real economy than it has here in the u.s. the fed qe program, the safe haven of the u.s. has caused money to flow to this part of the world. i think that leaves the u.s. a little pricier and perhaps more of a risk....
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Jan 21, 2013
01/13
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MSNBCW
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larger priority, how do you create an economy, rebuild an economy in which the american dream, the american compact is fresh where people who work hard feel like they can get ahead. and that's not just about dealing with the fiscal crisis. it's about education. it's about research and development. it's about controlling our energy future. all of these are part of the equation. >> president obama has outlined debt reduction as a top priority heading into the second term. also high on his list, immigration reform. putting more emphasis on developing renewable energy and the most urgent for the president, gun control. joining us now, jim vandenhike. so we got done with the first term. bipartisanship towards the end, incredible. any reason why that will change? >> zero. >> okay. >> i would love to be optimistic. i think we should be slamming the blacken ambers they serve up here as you think about the next four years. largely because we already saw in the last two months in the lame duck how the next two years will unfold. and that is a republican congress and a zero interest in doing the obama
larger priority, how do you create an economy, rebuild an economy in which the american dream, the american compact is fresh where people who work hard feel like they can get ahead. and that's not just about dealing with the fiscal crisis. it's about education. it's about research and development. it's about controlling our energy future. all of these are part of the equation. >> president obama has outlined debt reduction as a top priority heading into the second term. also high on his...
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Jan 19, 2013
01/13
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KQED
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then when the economy turns and it always turns, when that economy turns you have nothing in the pipe. and, people run you over out of the gate. >> reporter: but, not all innovation happens in multibillion dollar labs. here in manhattan's fashion district, www.ilikewhatyourwearing.com is trying to ignite a fashion revolution. started by olivia gossett, the website sells cutting edge clothing by rising designers. but, it's also an online magazine-- one that uses cute articles to sell products and foster those independent designers. >> i think we're opening up gateways in the industry for other people that otherwise wouldn't have a chance to make a name for themselves. you know you see the same dress on four different websites for four different prices from the same label and you're left kind of wondering isn't their more out there. >> reporter: ilwyw.com may not help cure for cancer, but it might create jobs. and, it's part of a push by new york city's borough president scott stringer to make the big apple a destination for start- ups. what he calls the innovation economy. >> how we ta
then when the economy turns and it always turns, when that economy turns you have nothing in the pipe. and, people run you over out of the gate. >> reporter: but, not all innovation happens in multibillion dollar labs. here in manhattan's fashion district, www.ilikewhatyourwearing.com is trying to ignite a fashion revolution. started by olivia gossett, the website sells cutting edge clothing by rising designers. but, it's also an online magazine-- one that uses cute articles to sell...
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Jan 14, 2013
01/13
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KNTV
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is this going to impact the broad economy in the earning season, do you think? >> i guess this whole political thing is these are all the bricks in the wall of worry that equity markets are continuing to climb. you know, we know how to talk about these things, they're out there, in the media a lot. we follow them sometimes like a sport. maybe we exaggerate a little bit how much these political match nations, i don't want to minimize them but i think sometimes we miss the point that there are really good companies out there who figured out how to make really good money with all of this political noise going on. >> and yet, greg, so many potholes ahead. you know we're going to see a lot of back and forth over raising the debt ceiling, sequestration is still on the horizon now. less than two months away. the continuing resolution. i want you to take a listen to the president's spokesperson this week on the debt ceiling and get your reaction to that. >> sure. >> he will not negotiate with congress when it comes to the essential responsibility of congress to pay the
is this going to impact the broad economy in the earning season, do you think? >> i guess this whole political thing is these are all the bricks in the wall of worry that equity markets are continuing to climb. you know, we know how to talk about these things, they're out there, in the media a lot. we follow them sometimes like a sport. maybe we exaggerate a little bit how much these political match nations, i don't want to minimize them but i think sometimes we miss the point that there...
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Jan 16, 2013
01/13
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KICU
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the second-largest airline is said to be struggling with competition, high fuel prices and the german economy. australian vitamin and supplement maker swisse vitamins is crossing the pacific pond. the privately-held company will set up its north american headquarters in chicago and start selling its most popular products in walgreens stores starting february 1st. rite aid and target stores will start selling the products in april. the company's ceo says the products it sells will be manufactured in utah and florida. swisse vitamins is positioning itself as a premium product and intends to price its products 5-10% above competitors such as pfizer and bayer. the nation's largest retailer is reaching out to men and women in the service. wal-mart is offering a job to every veteran who honorably left the military in the past year. the program will continue for 5 years and is expected to provide work for more than 100,000 veterans. additionally, the retailer is committing to buying an additional $50 billion of u.s.- made products in the next 10 years. the government of japan joins the u.s. governme
the second-largest airline is said to be struggling with competition, high fuel prices and the german economy. australian vitamin and supplement maker swisse vitamins is crossing the pacific pond. the privately-held company will set up its north american headquarters in chicago and start selling its most popular products in walgreens stores starting february 1st. rite aid and target stores will start selling the products in april. the company's ceo says the products it sells will be...
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Jan 15, 2013
01/13
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MSNBCW
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the rest of the world is counting on our economy right now to keep growing so the world economy can keep growing. when newt gingrich says this is a bad idea to use -- hold the country hostage to the debt ceiling, when newt gingrich looks like a moderate and a statesman, i think the republicans ought to rethink their strategy. >> ruth, how badly would this damage the economic recovery? i think it would totally wipe it out. it would probably bring from what i could see unemployment to levels that we haven't seen even back when we had the economic problems in the start of 2009. it would be worse than that. what do you think? >> it would be a complete disaster. and both sides have acknowledged that, that i think the president put it really well today when he said that the republicans are essentially saying if we don't get 100% of what we want, we're going to blow up the economy. and nobody doubts that it would blow up the economy. but also what they're pushing for is deep cuts that will hurt that very same list of people you started the segment with. they want cuts to social security, to med
the rest of the world is counting on our economy right now to keep growing so the world economy can keep growing. when newt gingrich says this is a bad idea to use -- hold the country hostage to the debt ceiling, when newt gingrich looks like a moderate and a statesman, i think the republicans ought to rethink their strategy. >> ruth, how badly would this damage the economic recovery? i think it would totally wipe it out. it would probably bring from what i could see unemployment to...
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Jan 16, 2013
01/13
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CNNW
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he can work on the economy and do something about gun violence. i don't think americans wanted to sit by. they want background checks. they want their children to be safe and keep their gun rights, too. all of that can be done with commonsense proposals, making sure people have their guns registered one way or the other. a lot of republican s and conservative democrats are standing in front of that because they want to make money with the gun industry instead of caring what the american people want. >> thank you so much for the interesting conversation. >>> is walmart's $50 billion pledge to build american-made products just bait and switch? some say it's a ploy to make you forget that the giant retailer also sells assault rifles. . uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! yeah, this is pretty good. [ male announcer ] over a third of a day's fiber. fiber one. stress sweat is different than ordinary sweat. it smells worse. get 4x the protection against stress sweat. introducing new secret clinical strength
he can work on the economy and do something about gun violence. i don't think americans wanted to sit by. they want background checks. they want their children to be safe and keep their gun rights, too. all of that can be done with commonsense proposals, making sure people have their guns registered one way or the other. a lot of republican s and conservative democrats are standing in front of that because they want to make money with the gun industry instead of caring what the american people...
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Jan 13, 2013
01/13
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small businesses are revitalizing the economy, and american express open is here to help. that's why we are proud to present "your business" on msnbc. hi there, everyone. i'm j.j. ramberg, and welcome to "your business," the show dedicated to giving you tips and advice to help your small business grow. for small businesses, the uncertainty of last year has carried over into 2013. the good news. the national federation of independent business optimism index was up slightly in december. the bad news. the index is still at recession levels. the index for this month is expected to be impacted by the fiscal cliff tax deal passed by congress. that deal negotiated between vice president joe biden and senate republicans ends the payroll tax holiday, raises taxes on those making over $400,000 a year and increases capital gains tax rates. so, how will this impact your small business? barbara wealthman is an attorney and a leading authority on tax law and finance for small businesses. she is the writer of the muntari e newsletter "big ideas for small business" and also author of the
small businesses are revitalizing the economy, and american express open is here to help. that's why we are proud to present "your business" on msnbc. hi there, everyone. i'm j.j. ramberg, and welcome to "your business," the show dedicated to giving you tips and advice to help your small business grow. for small businesses, the uncertainty of last year has carried over into 2013. the good news. the national federation of independent business optimism index was up slightly in...
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Jan 15, 2013
01/13
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FBC
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economy. all of this in then you have the energy boom in the whole shale thing helping in that industry and related industries. there are a lot of bright spots in the u.s. you know, the guys in washington do not mock it up, we have a good shot. melissa: we have breaking news right now. i want to point you to the shares of facebook. down $0.60. that is good for almost 2%. we have this meeting going on right now. it is a major reversal for the stock. we are trying to get more details out of this meeting. we will have rob enderle on at the end to talk about it. shibani: i am following a couple of live logs on the event. the three pillars of facebook. when he unveiled today is his 23 pillar which is being called graph search. it is a graphical search. it is not a web search. that is one of the reasons we are seeing a selloff of facebook shares. again, what the company has unveiled at this moment is a surge in addition facebook. we will bring you more headlines as they come out. melissa: it is inte
economy. all of this in then you have the energy boom in the whole shale thing helping in that industry and related industries. there are a lot of bright spots in the u.s. you know, the guys in washington do not mock it up, we have a good shot. melissa: we have breaking news right now. i want to point you to the shares of facebook. down $0.60. that is good for almost 2%. we have this meeting going on right now. it is a major reversal for the stock. we are trying to get more details out of this...
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Jan 13, 2013
01/13
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CNNW
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in order to do that, we have to invest more in this economy. we're investing half as much as we used to. in infrastructure. we're investing half as much in science and technology. and we're investing much less than we used to in core areas of education. state universities for example are being decimated. so if you don't invest for the future, where are you going to get the growth in the future? >> but in 2008 and 2009, invest became a bad word, invest became government spending. when you're talking about investing, you're talking about it in a fairly sophisticated manner. some in the government. some the private sector, each on their own and some jointly. that kind of discussion feels dead on arrival in this political environment where we can't get something like a basic budget done. >> the problem is we're going to have to do some of this, anyway. anyone who owns a home knows this. if you defer maintenance, if you say to yourself, my boiler is leaking but i'm not going to fix it, that's actually a penny wise, pound-foolish decision. it will ev
in order to do that, we have to invest more in this economy. we're investing half as much as we used to. in infrastructure. we're investing half as much in science and technology. and we're investing much less than we used to in core areas of education. state universities for example are being decimated. so if you don't invest for the future, where are you going to get the growth in the future? >> but in 2008 and 2009, invest became a bad word, invest became government spending. when...
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428
Jan 21, 2013
01/13
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WBAL
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roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. i feel more inspired. more positive. [ male announcer ] only lipton adds fresh-pressed tea leaves to its new great tasting blend. drink new lipton and you'll be surprised how great you feel. ♪ from my great-great-great grandfather... i kinda wanna be a part of that. we've been growing delicious apples for generations and that's the kind of quality that mcdonald's expects. ♪ and that's the kind of quality that mcdonald's expects. (sighs) this is too good to be true. hi. john stamos. enchantÉ this is too good to be true. dannon oikos non-fat yogurt... delicious yet healthy. sounds too good to be true. there are things that are too good to be true... such as dannon oikos. thick, creamy, with 0% fat and twice the protein... of regular low-fat yogurt mmm huh. i want an oikos! dannon oikos greek non-fat yogurt... too delicious to be so nutritious. dannon ♪ ♪ ♪ ♪ [ female announcer ] nothing get
roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. i feel more inspired. more positive. [ male announcer ] only lipton adds fresh-pressed tea leaves to its new great tasting blend. drink new lipton and you'll be surprised how great you feel. ♪ from my great-great-great grandfather... i kinda wanna be a part of that. we've been growing delicious apples for generations and...
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495
Jan 20, 2013
01/13
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KGO
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eye 495
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> we knew that we must find practical controls over blind economic forces and blindly selfish men. >> we have been warned by the power of modern weapons that peace may be the only climate possible for human life itself. >> fdr in 1937, ike in 1957. we're told that president obama studying both those inaugural addresses as he prepares for his own. let's talk about that on our roundtable and bring you in, george will. one of the reasons he might be reaching back into history is that if you look at recent second inaugurals, not all that memorable, and recent second terms, not great records. >> i would guess he would reach bac
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> we knew that we must find...
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Jan 15, 2013
01/13
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CNBC
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eye 139
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the fed is spending 6% more m-2 every year and that's helping the economy. but the real driver of growth is technology. it's the entrepreneur. it's the innovator. it's the creator. we have the cloud, the spark phone, attacking all of these great new technologies and that's what i try to draw investors' focus on. let's not pay so much attention to what government is doing. let's look at what is causing growth underneath, what has always caused growth and that's entrepreneurial activity, innovation, and activity. we have a lot of it going on right now. >> finally, brian, housing is turning into a pretty nice tail wind here. i wonder, though, you see the ten-year at 285. >> right. >> how much can the market withstand if the 30-year mortgage continues to tick up? >> when we go back to the early 1990s when housing was pretty strong, interest rates were a lot higher than they were today. i think the fed is artificially holding rates down. we could have the federal funds rate at 2, 2 1/2 without any harm to the economy. we could take the ten-year treasury up to 3,
the fed is spending 6% more m-2 every year and that's helping the economy. but the real driver of growth is technology. it's the entrepreneur. it's the innovator. it's the creator. we have the cloud, the spark phone, attacking all of these great new technologies and that's what i try to draw investors' focus on. let's not pay so much attention to what government is doing. let's look at what is causing growth underneath, what has always caused growth and that's entrepreneurial activity,...
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Jan 21, 2013
01/13
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WJLA
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eye 133
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well, the economy has come a long way since president obama's first inauguration. since that first swearing-in ceremony, the stock market has soared. the dow jones industrial average, up nearly 72%. back then, the economy has fallen to its lowest point since the great depression. and digging out has caused one other measure of the economy to soar, the national debt. >>> and soda sales are falling flat. the pace of the decline quickened even during the holiday party season. now, the giant soft drink companies are scrambling to change their directions, pinning their hopes on sports drinks or low or no-calorie versions. older people are now concerned about obesity and diabetes. >>> more super bowl ads will be crowd source this year. you may remember this made by a fan. this time, doritos will air two fan submissions. pepsi and pizza hut are getting into the act, by inviting fans to upload stories that will be woven into commercials will be air during the big game. good luck to those guys. >>> at the movies this weekend, jessica chastain was the big winner. she starts
well, the economy has come a long way since president obama's first inauguration. since that first swearing-in ceremony, the stock market has soared. the dow jones industrial average, up nearly 72%. back then, the economy has fallen to its lowest point since the great depression. and digging out has caused one other measure of the economy to soar, the national debt. >>> and soda sales are falling flat. the pace of the decline quickened even during the holiday party season. now, the...
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105
Jan 14, 2013
01/13
by
CNBC
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eye 105
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economy questioned, that kind of drop in confidence has the potential to create the next financial collapse. of course, so does unchecked runaway spending. so, it seems clear, neither is a good option. it's hope washington realizes this. quick check on the markets and it was a mixed day. the dow jones up 18 points. nasdaq down 8. s&p 500 down 1.37 points. the real stock of the day was dell. it is higher today on reports that it is in talks over a possible buyout by private equity firms. take a look. the stock rallied almost 13%. that will do it for us. thank you for being with us. hope you'll follow me on twitter and google plus. stay with cnbc, because "fast money" begins right now. >>> live from the nasdaq market site in new york city's times square. i'm melissa lee. sour apples. shares of the iphone maker slide. is apple turning into forbidden fruit? the mystery event. what facebook could be unveiling in less than 24 hours. we're in countdown mode with one of its biggest investors. and the great rotation into stocks heating up. we get the likely impact. first, our top story. apple shares
economy questioned, that kind of drop in confidence has the potential to create the next financial collapse. of course, so does unchecked runaway spending. so, it seems clear, neither is a good option. it's hope washington realizes this. quick check on the markets and it was a mixed day. the dow jones up 18 points. nasdaq down 8. s&p 500 down 1.37 points. the real stock of the day was dell. it is higher today on reports that it is in talks over a possible buyout by private equity firms....
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65
Jan 20, 2013
01/13
by
FOXNEWS
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. behind the silver of philadelphia cream cheese. it always begins with fresh, local milk, blended with real wholesome cream. going fresh from the farm, to our fridge, in just six days. because we believe in fresh taste. that's the way we set the standard for intensely rich, luscious flavor. so our story of fresh taste always ends... deliciously. when it comes to taste, philadelphia sets the standard. heart mike huckabee show details at mikehuckabee.com. >> while the president used executive orders. what can states do to fight regulations from being forced on them? joining me from virginia is kim kutanela . author of the book last line of defense. >> good to be with you. >> last line of defense may be in the state level. >> that is thethesis of the book we have writ yen comes out on february 12th, next month. we are living with it, w
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. behind the silver of philadelphia cream cheese. it always begins with fresh, local milk, blended with real wholesome cream. going fresh from the farm, to our fridge, in just six days. because we believe in fresh taste. that's the way we set the standard...
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77
Jan 15, 2013
01/13
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FBC
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eye 77
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you know, the economy, you know, two steps forward, one step back, and corporate america can't carry the water. it will be difficult for the market, and priced pretty much to perfection at the current level with popular averages, not leaving room for disappointment. liz: hate one step forward, two back -- >> no, the other way. liz: either way, not moving fast. is that at a decent clip? >> actually, that's something we talked about last week on the show, and what we're looking at, again, south africa, right now, the mining situation is getting worse and worse, and -- liz: labor issues? >> the strikes, strikes, labor issues, and a threat that some of the major companies are shutting down the mines until they resolve this. we'll have a shortage in these areas, and, also, seeing platinum taking a bit of a piggy back ride up. it's at the 1680s mirroring where gold is now. silver is joining along for the ride. we're seeing a lot happening with the precious metals. liz: platinum is higher than gold for the first time in ten months. do you care? is that significant? it's 1682 against 1680, t
you know, the economy, you know, two steps forward, one step back, and corporate america can't carry the water. it will be difficult for the market, and priced pretty much to perfection at the current level with popular averages, not leaving room for disappointment. liz: hate one step forward, two back -- >> no, the other way. liz: either way, not moving fast. is that at a decent clip? >> actually, that's something we talked about last week on the show, and what we're looking at,...
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Jan 15, 2013
01/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. you name it...i've hooked it. but there's one... one that's always eluded me. thought i had it in the blizzard of '93. ha! never even came close. sometimes, i actually think it's mocking me. [ engine revs ] what?! quattro!!!!! ♪ >>> welcome back to "power lunch." just when you thought he wouldn't channel his inner steve jobs, he has. he's come back to the stage to say one more thing. facebook has a partnership with microsoft's bing. how interesting is that? we'll see what they're doing here. if nothing fits the querrey from the graph search, you can go to the web do a web search on bing, and that is microsoft's key their there. those shares are likely to beive between now and the next couple of hours. even in the afte
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. you name it...i've hooked it. but there's one... one that's always eluded me. thought i had it in the blizzard of '93. ha! never even came close. sometimes,...
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Jan 16, 2013
01/13
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on because financials are a significant sector in the overall market, and they have the pulse on the economy, in terms of housing, mortgages, hiring, and we watch that trading activity in the last quarter. >> susie: and we'll have all of those numbers tomorrow. that's "nightly business report" for tonight, tuesday, january 15. have a great evening, everyone. see you tomorrow, tom. hae a great evenin everye. and you, too, tom. >> tom:ood night, susie. we'll see you online at www.nbr.com and back here tomorrow night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org
on because financials are a significant sector in the overall market, and they have the pulse on the economy, in terms of housing, mortgages, hiring, and we watch that trading activity in the last quarter. >> susie: and we'll have all of those numbers tomorrow. that's "nightly business report" for tonight, tuesday, january 15. have a great evening, everyone. see you tomorrow, tom. hae a great evenin everye. and you, too, tom. >> tom:ood night, susie. we'll see you online...
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Jan 16, 2013
01/13
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on because financials are a significant sector in the overall market, and they have the pulse on the economy, in terms of housing, mortgages, hiring, and we watch that trading activity in the last quarter. >> susie: and we'll have all of those numbers tomorrow. that's "nightly business report" for tonight, tuesday, jnuary 15. have a great evening, everyone. see you tomorrow, tom. have a great evening, everyone. and you, too, tom. >> tom: good night, susie. we'll see you online at www.nbr.com and back here tomorrow night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org
on because financials are a significant sector in the overall market, and they have the pulse on the economy, in terms of housing, mortgages, hiring, and we watch that trading activity in the last quarter. >> susie: and we'll have all of those numbers tomorrow. that's "nightly business report" for tonight, tuesday, jnuary 15. have a great evening, everyone. see you tomorrow, tom. have a great evening, everyone. and you, too, tom. >> tom: good night, susie. we'll see you...
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Jan 15, 2013
01/13
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chances are the economy is going to get better. wouldn't that make you want to buy stocks right now. >> it does. we're not -- we're actually a little bit more bullish, esespecially the first six months of the year. we still are expecting slow growth, commodities where we're shorting assets, but in terms of u.s. and in terms of international, we do expect growth, and we are excited about what's happening, but later on in the year i think it's going to be another story. >> what do you mean by that, later on in the year? what's going to be the upset later on in the year? >> there's a lot more issues coming out in terms of europe later in the year. right now it's all about -- it's all about expectations of positive growth that we have in the u.s., but, you know, we still have issues, and investors have got to focus on -- we've got an incredible spending problem. there's still problems in europe so we don't really believe that this year is going to be like last year, but we do expect small positive returns though. >> rick santelli, i wa
chances are the economy is going to get better. wouldn't that make you want to buy stocks right now. >> it does. we're not -- we're actually a little bit more bullish, esespecially the first six months of the year. we still are expecting slow growth, commodities where we're shorting assets, but in terms of u.s. and in terms of international, we do expect growth, and we are excited about what's happening, but later on in the year i think it's going to be another story. >> what do you...
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Jan 16, 2013
01/13
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on because financials are a significant sector in the overall market, and they have the pulse on the economy, in terms of housing, mortgages, hiring, and we watch that trading activity in the last quarter. >> susie: and we'll have all of those numbers tomorrow. that's "nightly business report" for tonight, tuesday, january 15. have a great evening, everyone. see you tomorrow, tom. have a great evening, everyone. and you, too, tom. >> tom: good night, susie. we'll see you online at www.nbr.com and back here tomorrow night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >>> tonight on "spark" -- we meet artists who fuse genres, cultures and modes of expression in ways that are surprising and provocative. in our first story, we'll check out the growing phenomenon of muslim hip-hop. >> home of the brave, land of the free, now this i still got to see. it's not what mainstream muslims really talk about. >> they're realizing that their kids are being influenced by rap music more than anything else, including them. >>> then -- we'll visit the west marin studio o
on because financials are a significant sector in the overall market, and they have the pulse on the economy, in terms of housing, mortgages, hiring, and we watch that trading activity in the last quarter. >> susie: and we'll have all of those numbers tomorrow. that's "nightly business report" for tonight, tuesday, january 15. have a great evening, everyone. see you tomorrow, tom. have a great evening, everyone. and you, too, tom. >> tom: good night, susie. we'll see you...
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Jan 14, 2013
01/13
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it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so even entertain the idea of this happening, of the united states of america not paying its bills, is irresponsible. it's absurd. as the speaker said two years ago, it would be, and i'm quoting, speaker boehner now, a finance ral disaster not only for us but for the worldwide economy. so we've got to pay our bills. and republicans in congress have two choices here. they can act responsibly and pay america's bills, or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is running short. the last time republicans in congress even flirted with this idea our aaa credit
it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so even entertain the idea of this happening, of the united states of america not paying its bills, is irresponsible. it's absurd. as the speaker said two years ago, it would be, and i'm quoting, speaker boehner now, a finance ral disaster not only for us but for the worldwide economy. so we've got to pay our bills. and republicans...
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Jan 17, 2013
01/13
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market economies. that is one aspect of the balancing that is needed, a rebalancing. we also mean by a more balanced growth, growth that is more compatible with the sustainability of our environment and the fight against climate change. what does the need for us? i remind you that, in 2013, the imf is stronger, better equipped financially. it has certainly refined some of its tools. we'll continue to strengthen our surveillance, especially on spillover effects and on the financial sector. we will continue to strengthen our support for the entire spectrum of members through lending, capacity building, training and technical assistance. in other words, we're not only serving the needs of a selected group of companies -- a group of countries, but the entire membership. when you look at the world and see where our teams are, where there is building and technical assistance in programs, we are all over the map. and we will continue to push ahead with the important and not complete reform of " and governance
market economies. that is one aspect of the balancing that is needed, a rebalancing. we also mean by a more balanced growth, growth that is more compatible with the sustainability of our environment and the fight against climate change. what does the need for us? i remind you that, in 2013, the imf is stronger, better equipped financially. it has certainly refined some of its tools. we'll continue to strengthen our surveillance, especially on spillover effects and on the financial sector. we...
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Jan 15, 2013
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economy is being under valued. $1.4 trillion is the run-up and i expect the u.s. to outperform again. >> joey? >> i think the u.s. continues to do well and the ultimate indicator is where volatility is. it's incredibly cheap and remains -- insurance can be provided to protect your portfolio. i don't think that the ultimate concerns that the people have. >> we've got news on germany and the german economy, gdp is contracting. it was down half of a percent. in 011 it was up 3% n 2012 it was up .7%. they are the engine for growth there. i'm not sure it's going to work out for you in the first half of the year. for europe, i don't think it's undervalued. it's had a great run into the u.s. >> two major banks report earnings tomorrow. much of the conversation that we're having today certainly directed to what is going on with the banks and what it could mean for the markets. jpmorgan, goldman, ahead of the market tomorrow. joe t., you take yours? >> my position has been goldman sachs, be morgan stanley. it's been that way for a long time. i like the marketplace here. i
economy is being under valued. $1.4 trillion is the run-up and i expect the u.s. to outperform again. >> joey? >> i think the u.s. continues to do well and the ultimate indicator is where volatility is. it's incredibly cheap and remains -- insurance can be provided to protect your portfolio. i don't think that the ultimate concerns that the people have. >> we've got news on germany and the german economy, gdp is contracting. it was down half of a percent. in 011 it was up 3% n...
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Jan 21, 2013
01/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. stuart: listen to this, a new report coming out of asia this morning that apple plans to release three new iphones this year. keep in mind, this is just a report out of china. this comes after wall street journal reported that apple was cutting its iphone screen orders. very interesting report, though. one union from hostess hired a new york investment banker to represent them as the makers of the twinkie and wonder bread start to sell off the brands. the group, they will represent around 6,000 former hostess workers. and a report that shows talks with private equity firms for a potential buyout have slowed down for dell after shareholders opposed the price of the deal. now, coming up, a mystery guest, the man who was with
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. stuart: listen to this, a new report coming out of asia this morning that apple plans to release three new iphones this year. keep in mind, this is just a report...
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Jan 21, 2013
01/13
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WBAL
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. >> 50 years from now i hope we can have an economy that allows every young person willing to work hard to thrive and i hope that america remains a shining example of those ideals i believe are universal, signed barack obama. but see, he is not writing just to ely. he is writing to all small towns. >> reporter: dan armstrong, water engineer and father of three, agrees. >> strikes me that you believe this is more than a town. >> it's my family. >> reporter: when he needed a kidney transplant, people rallied round. something his wife, jennifer, will never forget. >> i had people just come help me clean my home. i had people get my kids to practices. i had people watch my dogs. >> reporter: if you had something to say to the president about your town, what would it be? >> it's not what you take when you leave this world. it's what you leave behind you. >> reporter: now that president obama has touched this town with his letter in true ely fashion, they would all like to give something back. perhaps a day of ice fishing out on the frozen lake. do you think he would like it? >> if we caught
. >> 50 years from now i hope we can have an economy that allows every young person willing to work hard to thrive and i hope that america remains a shining example of those ideals i believe are universal, signed barack obama. but see, he is not writing just to ely. he is writing to all small towns. >> reporter: dan armstrong, water engineer and father of three, agrees. >> strikes me that you believe this is more than a town. >> it's my family. >> reporter: when he...
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Jan 17, 2013
01/13
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this is a question of future economic opportunity here how is the economy going to grow? what kind of life our our people going to lead? that's why this matters so much. when you get to a gross debt of more than 100% of gdp, your future economic prospects are reduced. well, we've talked about the revenue side of the equation, the spending side of the equation. looking at the revenue, i showed a slight earlier to show the revenues at 1520% of gdp. typically if you look at the economic history of the country last 30 years, average revenue has been about 18.6% of gdp. but the last five times we have balanced the budget, revenue was not at 18.6% of gdp. it was close to 20%. you can see in 69, 98, 99, 2000, 2001, revenue and the times we balance was close to 20% at gdp. that kind of sets up the question of what the president proposed, because he was calling for $1.6 trillion of additional revenue. remember, that's not what we got in his last deal. it was 650 billion. but what he was going for was $1.6 trillion of revenue over the next six years. to put that in context, how muc
this is a question of future economic opportunity here how is the economy going to grow? what kind of life our our people going to lead? that's why this matters so much. when you get to a gross debt of more than 100% of gdp, your future economic prospects are reduced. well, we've talked about the revenue side of the equation, the spending side of the equation. looking at the revenue, i showed a slight earlier to show the revenues at 1520% of gdp. typically if you look at the economic history of...
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Jan 16, 2013
01/13
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KICU
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wal-mart's president says hiring 100,000 vets over the next five years will help jump start the economy. >> about everybody here started in an entry level job, i did. >> reporter: but elmer who works with returning veterans says wal-mart might include extending the officer including all veterans not just the ones coming home now. >> it's a great way to honor their service. i don't think veterans should have to fight for a job. >> reporter: wal-mart is often criticized for its low paying jobs and treatment of workers. today's announcement will likely help the company's imagine. >>> new at 10:00 tonight an armed robbery inside an east bay home improvement store it happened shortly after 7:00 tonight at the home depot in san leandro on davis street. two men one armed with a handgun held up a cashier. there's no word on how much cash was taken. one person fainted and was taken to the hospital. no one saw the man leave so there's no description of the man. >>> sheriff's deputies found a car parked across from the sonoma state campus in santa rosa last night. deputies say they recognized the
wal-mart's president says hiring 100,000 vets over the next five years will help jump start the economy. >> about everybody here started in an entry level job, i did. >> reporter: but elmer who works with returning veterans says wal-mart might include extending the officer including all veterans not just the ones coming home now. >> it's a great way to honor their service. i don't think veterans should have to fight for a job. >> reporter: wal-mart is often criticized...
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Jan 19, 2013
01/13
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if we permit our economy to drift and decline, the vulnerable will suffer most. we must live up to the calling we share. civility is not a tactic or a sentiment. it is the determined choice of trust over cynicism, of community over chaos. and this commitment, if we keep it, is a way to shared accomplishment. america, at its best, is also courageous. our national courage has been clear in times of depression and war, when defending common dangers defined our common good. now we must choose if the example of our fathers and mothers will inspire us or condemn us. we must show courage in a time of blessing by confronting problems instead of passing them on to future generations. together, we will reclaim america's schools, before ignorance and apathy claim more young lives. we will reform social security and medicare, sparing our children from struggles we have the power to prevent. and we will reduce taxes, to recover the momentum of our economy and reward the effort and enterprise of working americans. we will build our defenses beyond challenge, lest weakness invi
if we permit our economy to drift and decline, the vulnerable will suffer most. we must live up to the calling we share. civility is not a tactic or a sentiment. it is the determined choice of trust over cynicism, of community over chaos. and this commitment, if we keep it, is a way to shared accomplishment. america, at its best, is also courageous. our national courage has been clear in times of depression and war, when defending common dangers defined our common good. now we must choose if...
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economy well gerry warner makes an excellent point now and economy has two components in its export market they've got the exploitation of services or they've got the exploitation of goods manufactured goods in britain has not exported had a net balance of exportation of manufactured goods since the nineteen eighties the entire economy sense that your has been built on basically services and what are these services they are financial services. i want to power pursue with a thirty year bond market bull bull bond market where interest rates were falling now we're at a juncture in time where britain has got its manufacturing capacity they're left with financial services as really the only engine of growth during a period of bond collapse and interest rates rise that's why i'm shorting the british pound that's why jim rickards the famous guru who wrote currency war has come out and said the british pound is toast jeremy warner who's a cheerleader for the government over there at the telegraph is pointing out even that the pound is toast a payload in the yen are toast additionally not only are
economy well gerry warner makes an excellent point now and economy has two components in its export market they've got the exploitation of services or they've got the exploitation of goods manufactured goods in britain has not exported had a net balance of exportation of manufactured goods since the nineteen eighties the entire economy sense that your has been built on basically services and what are these services they are financial services. i want to power pursue with a thirty year bond...